OPINION: What supply chain resilience means for Australia-India-Japan ties?

The coronavirus pandemic has encouraged major economies to reassess and revisit their conventional trading patterns, regionally and globally.Their over-reliance on China for supply of critical products, including essential food and medical items, has exposed the weakness of the trading economy. Australia, India and Japan’s national planning are a clear reference to this effect.While the three countries have made efforts to reduce economic dependence on China, the prevalent conditions of an increasingly assertive and unilateral China have led the three countries to urgently plan for a supply ch…

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HEDGE accordingly